- Analytics
- News and Tools
- Market News
- US: Goods and services trade deficit rises to $78.2 billion in October
US: Goods and services trade deficit rises to $78.2 billion in October
- US October Goods and Services Trade Balance came in at -$78.2 billion in October.
- US Dollar Index stays in negative territory at around 105.00.
The United States (US) international goods and services deficit rose by $4 billion to $78.2 billion in October, the data published jointly by the US Census Bureau and the US Bureau of Economic Analysis revealed on Tuesday. This reading came in slightly lower than the market expectation for a deficit of $79.1 billion.
"October exports were $256.6 billion, $1.9 billion less than September exports," the publication further read. "October imports were $334.8 billion, $2.2 billion more than September imports."
Market reaction
This report doesn't seem to be having a noticeable impact on the US Dollar's performance against its rivals. As of writing, the US Dollar Index was down 0.24% on the day at 105.05.
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
